Prime minister speaks at launch of book on asset building policies

Singapore’s Prime Minister Lee Hsien Loong spoke at the August 24 launch of the book “Critical Issues in Asset Building in Singapore’s Development.” Professors S. Vasoo and Bilveer Singh at the National University of Singapore (NUS) edited the book. The lead chapter is by Michael Sherraden, director of the Center for Social Development at Washington University in St. Louis. 

Challenges in Asset Building in Singapore

Sherraden, M. (2018). Challenges in asset building in Singapore. In S. Vasoo & B. Singh (Eds.), Critical issues in asset building in Singapore’s development (pp. 1–19). doi:10.1142/9789813239760_0001

International Child Development Accounts

Sherraden, M., Cheng, L.-C., Ssewamala, F., Kim, Y., Loke, V., Zou, L., … Han, C.-K. (2018, July 30). International Child Development Accounts. In C. Franklin et al. (Eds.), Encyclopedia of Social Work. doi:10.1093/acrefore/9780199975839.013.1261

Asset Building Toward Inclusive Policy

Sherraden, M., Johnson, L., Clancy, M. M., Beverly, S. G., Sherraden, M. S., Schreiner, M., … Han, C.-K. (2018, March 28). Asset building: Toward inclusive policy. In C. Franklin et al. (Eds.), Encyclopedia of Social Work. doi:10.1093/acrefore/9780199975839.013.25

Ssewamala named William E. Gordon Distinguished Professor

On February 8, Fred Melch Ssewamala, PhD, a renowned social and economic development scholar, was installed as the William E. Gordon Distinguished Professor at the Brown School of Social Work.

CSD colleague launches global research center at UNC

The Global Social Development Innovations research center will focus on developing community-driven initiatives that address economic security, workforce development, financial inclusion, social protection, health and education.

South African researcher visits CSD

A researcher from CSD’s sister center in South Africa met with CSD staff members recently. Jacqueline Moodley is a research psychologist and researcher at the Centre for Social Development in Africa at the University of Johannesburg.

Financial Inclusion in China: Use of Credit

Chen, Z., & Jin, M. (2016). Financial inclusion in China: Use of credit (CSD Working Paper No. 16-24). St. Louis, MO: Washington University, Center for Social Development.

CSD leaders chart best practices for Israel’s new CDAs

​Building on a longtime working history, leadership from the Center for Social Development formally advised the Israeli government in May on best practices for implementing the country’s new law to confer universal savings accounts on children born in Israel. The law takes effect in January 2017.

Officials in Ghana hear YouthSave findings, explore next steps

​Top Ghana officials, representatives from more than 20 financial institutions and practitioners met in April in Accra, Ghana, to learn about YouthSave research findings and how they could encourage young people to open bank accounts and save.

CSD celebrates, highlights global partners’ work in Asia, Africa

We are pleased to share news from and highlight ongoing collaborations with our global partners the Centre for Social Development Asia, at the National University of Singapore, and the Centre for Social Development in Africa, at the University of Johannesburg.

How Israel implements child accounts will be crucial

Michal Grinstein-Weiss, associate director of the Center for Social Development, spent part of December traveling in Israel on an important mission: to spread the word about how Israel can best implement its new law to provide universal child savings accounts known in the United States as Child Development Accounts, to all newborns.

New report explores global lessons from youth savings

In 2010, researchers in the vast YouthSave Initiative started investigating whether low-income youth can build savings in the developing countries of Colombia, Ghana, Kenya and Nepal. Now their findings are summarized in a newly released report.

‘Taking the bank to the youth’ proves fruitful, researchers find

YouthSave researchers gathered recently in Washington, D.C., to discuss what they learned over five years about how to provide scalable saving mechanisms to low-income youth—and what their findings could mean for youth development and financial inclusion.

Israel’s proposed budget includes CSD plan for Child Development Accounts

Israel’s parliament will consider a state budget this fall that includes funding for long-term savings accounts for all newborns, a proposal authored by Michal Grinstein-Weiss, PhD, the associate director of the Center for Social Development, and based on research efforts led by Michael Sherraden, PhD, the director of CSD.

Sherraden marks Singapore’s 50th Anniversary with lecture on social innovation

Singapore’s innovative response to its rough and vulnerable beginning has shaped the first 50 years of the island country, Michael Sherraden said Wednesday, speaking to a crowd gathered at the National University of Singapore for his public lecture marking Singapore’s 50th Anniversary as an independent nation.

New book explores asset building in Asia

Asian scholars, practitioners and policymakers share lessons about asset-building policies in Asia and chart the future in the new book “Asset-Building Policies and Innovations in Asia.”

Kids in developing countries can, do save

​Children in four developing countries saved more than $1.8 million during the YouthSave initiative, one of the largest scientific studies of the effect of savings on people ages 12 to 18.

Scholar from Taiwan returns to CSD during sabbatical

​Li-chen Cheng, Ph.D., chair of the Department of Social Work at National Taiwan University, has rejoined the Brown School for a six-month sabbatical. Between 1990 to 1995, Dr. Cheng studied for her Ph.D. from 1990 to 1995 and worked on projects at CSD.

Innovations in Asset Building

Sherraden, M. (2014, February). Innovations in asset building (CSD Perspective No. 14-18). St. Louis, MO: Washington University, Center for Social Development.

New book provides in-depth look at asset building in Asia, conversations continue

The Center for Social Development (CSD) at Washington University in St. Louis recognizes that asset-building policies in Asia offer important lessons in lifelong wealth and retirement security. International interest in these policies, particularly regarding aging populations, has prompted a book published in Chinese and one forthcoming in English.

Sherraden appointed to named professorship in Singapore

Michael Sherraden, PhD, George Warren Brown Distinguished University Professor and director of the Center for Social Development at the Brown School, has been named the inaugural S. R. Nathan Professor at the National University of Singapore.

Brown School alum, McDonnell Academy scholar is benefiting children in Thailand

Brown School alumna Molly Wimonmat Srichamroen has created a first-of-its-kind children’s savings program in her native Thailand, using knowledge she gained at the Center for Social Development. Srichamroen was also a scholar in Washington University’s McDonnell International Scholars Academy.

Asset Poverty and Happiness in Urban China

Huang, J. (2013). Asset poverty and happiness in urban China. China Journal of Social Work, 6(2), 163–176. doi:10.1080/17525098.2013.797361

The Hutubi Model: What Have We Learned?

Guo, B., Guo, X., & Zou, L. (2013). The Hutubi Model: What have we learned? China Journal of Social Work, 6(2), 118–126. doi:10.1080/17525098.2013.797362

Special journal issue emphasizes saving and educational success

A special issue of “Economics of Education Review” marks the first comprehensive set of studies that link assets and educational attainment. Research provides evidence that college savings should be included in policies for educational financing.

Experts converge on Beijing to discuss lifelong asset building

The Center for Social Development at Washington University in St. Louis partnered with Peking University and Hong Kong Polytechnic University to host a conference on strategies and innovations for asset building. This conference, held at Peking University in mid-November, reviewed research on asset building initiatives, a growing interest throughout Asia.

CSD represented in Nepal at YouthSave event

Representatives from the Center for Social Development at Washington University recently traveled halfway around the world to meet with colleagues from the YouthSave Consortium, and had the unique opportunity to talk with Nepalese youth and learn more about their savings experience.

A glimpse into the lives of Ghanaian youth

Do Ghanaian youth have money? How do they get it? What do they do with it? These are questions we are beginning to answer in YouthSave using data from a baseline survey of over 6,000 in-school youth.